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avenue. >>> and ask mrs. obama. first graders with a very special connection to the white house tree ask their questions of the first lady. >> do they give each other presents? >>> from the global resources of abc news, with terry moran, cynthia mcfadden, and bill weir in new york city, this is "nightline," december 26th, 2012. >>> good evening, i'm terry moran. for a holiday, this has been a busy time in washington. as the negotiations surrounding that looming fiscal cliff come to a fever pitch just before the new year. but this is also a time of tradition and celebration in the nation's capital, and nobody decks the halls like the team at the white house for christmas. christmas is there, has come to mean a special visit every year, not just from santa claus, but from abc's own barbara walters. barbara? >> terry, in what has become one of my favorite holiday traditions for the fourth year, i had the privilege of interviewing the president and mrs. obama at the white house. this interview was taped days before the tragic shooting in connecticut and was postponed until now. it was the fi
and mrs. obama at the white house. this interview was taped days before the tragic shooting in connecticut and was postponed until now. it was the first time the couple sat down together since winning re-election. mrs. obama also took me on a personal tour of what is called the people's house. and it's never more true than during the christmas season. after thanksgiving, more than 80 volunteers from nearly 40 states descend on the white house, trimming 54 trees, plus every nook and cranny. first dog bo is the star of the show. there he is inspecting the decorations, including this larger than life model of himself, made of 20,000 pompoms. my friend. >> yes, bo. he's really big in relation to this house. >> this 300-pound ginger bread white house was the first stop on my exclusive behind-the-scenes tour with first lady michelle obama. these are various rooms in the actual white house. >> absolutely. and the details in these rooms are just beyond this year. >> why peer into these windows when i can see the real thing? >> come on, bo. >> does he follow you around all day? next stop, the red r
in the obama white house was these are republicans. on foreign policy, he's been way to the left of president obama. >>> former nebraska senator chuck hagel has been leaked not nominated leaked as a potential nominee for secretary of defense, and there was already a massive counter offensive against him. it does have more substance to it, than the attacks against susan rice. a fair amount of that substance consists of insinuations. the sides are forming, there's the chuck hagel defense corps and the club of very tree ole and assault. what is not happening is sitting back and asking the simple question, would this person make a better defense secretary than the alternatives who are the other people up for the job. would one of them be better? the front-runners for secretary of defense are chuck hagel. there's also michelle florinoid, who is well qualified. also in the running is ashton carter, the current deputy defense secretary. now, defense isn't my issue, but i'd like to know, which of these people would do the best job. we keep skipping the interview process, going right to the smearing p
the four congressional leaders at the white house. called by president obama, house speaker john boehner is a key figure. >> the fact that he has come back to me says that they cannot come up with some kind of agreement. -- that they can come up with an agreement. >> both sides want to avoid middle-class tax cuts. the hang up is the tax hikes on the rich. those making over $250,000 in the obama reposal or $400,000, a level that mitch mcconnell reportedly said he might be able to sel? republicans won the debate shifted. >> the talk about taxes, but what it should be about is what we want to talk about today -- the medicare fiscal cliff. >> no date to cut a day to reform entitlements by tuesday. >> if we do something right now to have long-lasting, adverse effects on economic growth, that will affect us for a long time. >> until the cliff, americans say fix the tax problem. >> it's so frustrating to see both sides so far apart. >> we should not be taxed more because they cannot work together. >> get the middle class down and figure of the rest of it come january, worst case. >> worst case?
for the white house. president obama ran unopposed for his party's nomination and seems like -- seemed like a shoe-in for reelection. >> don't boa, vote. >> but a sluggish economy, high employment made the 44th president vulnerable. >> the president's policies have clearly not been successful and reigniting this economy and putting people back to work. >> reporter: earning his party's nomination was not as easy for mitt romney. a ballot glitch was discovered and he had to share the win are rick santorum. he eventually became the republican nominee and emerged from the battle bruised. >> moderate in 1996 and we lost. we tried running immoderate in 2008 and we lost. i don't see how a massachusetts liberal is going to do better. >> he is the worst republican in the country to put up against barack obama. >> romney's campaign saw several ups and downs but appearing confident and in command during their first debate romney threw president obama off his game with the president delivering a surprisingly shaky performance. >> the first debate sets the tone and can have the most impact but look, th
, thanks for all that. rick santelli in chicago. a last-minute effort by the white house. president obama set to meet with congressional leaders today, 3:00 eastern time, in an effort to avert going over the fiscal cliff. with only three days to go, our next guest says it's not falling over the cliff we should be worried about, it's how much the landing is going to hurt. brian mcginnis is the head of the campaign to fix the debt, president of the committee for responsible budget and joins us this morning from washington. maya, good morning. what do you mean by that? what are you trying to say when you talk about the landing hurting the most? >> well, the point is that the fiscal cliff is a deadline and it's an important deadline that's there to help us focus on getting a big debt deal. the sad state of play is that it appears they're not going to be successful in that. they're not going to be able to replace the cliff with a big, comprehensive debt deal that's big enough to help fix the fiscal challenges of the country. but what's even additionally troubling now is that we may actually go
with the obama white house. >> the president's statement is right. no one wants taxes to go up on the middle class. i don't want them to go up on anybody. i'm not in the majority of the united states senate. he is the president of the united states. >> when i listen to the president i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all this additional tax revenue for new programs. he gets to cut the military which democrats have been calling for for years. and he gets to blame republicans for it. >> as a practical matter it's already too late for employers to accurately withhold taxes from january paychecks unless there is no change. so workers will feel immediately that 2% hike in the social security tax in those first january pay checks. bill? >> hampton, good to see you. merry christmas. we'll see you later. >> merry christmas to you. >> our next guest says he is unlikely to support any deal the president and speaker can come up with. republican senator joe walsh from illinois joins us right
president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker john boehner is saying the senate needs to just take up a house pass bill that has already passed the house that would extend rates for all americans to either take it up in whole rf to amend it. the senate would take up that bill, amend it. if we do go over the cliff there is this possibility and all sides are preparing for this that there would be a lot of pressure in the days following from the markets, from c
holding onto the 1400 level. president obama is back at the white house. all eyes are on senate lawmakers now. amam jabbers is in washington. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely, extremely angry in ways that you really hear on the senate floor with the speaker of the house. take a listen. >> it's beings operated with a dictatorship of the speaker not allowing the vast majority of the house of representatives to get what they want. if the 250 would be brought up, it would pass. >> so harry reid there calling house speaker john boehner a dictator for not bringing a bill to the floor that would extend the bush tax cuts for all those who make less
outside at the white house, where lawmakers will sit down with president obama today before a rare weekend session. >> later, while the redskins get ready for dallas, we'll sit down with author mike richmond for a closer look at what some call the greatest rivalry in the nfl. good morning, i'm tony perkins. >> i'm wisdom martin in for allison. >> mostly cloudy to start the day. in the 30s. no travel concerns today. no weather to speak of today. less wind than yesterday, so that will be nice. the next snow event, and it will be a small sized one, small to medium sized one, will be early tomorrow. during the day saturday. >> okay. >> that's the first thing you need to know. 37 now in washington. 15 in detroit. it's cold. much of the area at or below freezing. 31 in new york city. 29 in boston. let's look at the satellite radar together. a lot of clouds in the forecast. you can see into west virginia and all the clouds out there. partly to mostly cloudy this afternoon. might get a little sunshine. should feel a little better than yesterday, because winds won't be blowing like yesterday. highs
. >>> the highly anticipated white house meeting between president obama and congressional leaders ended just a short time ago and it lasted just about an hour or so. now, we've yet to hear anything from any of the participants, and nbc's mike viqueira is live on capitol hill. mike -- >> karen, yeah, forgive me i'm looking at my black bery -- >> i've got mine. we're standing by waiting for some news of something, right? >> exactly. i have got a couple e-mails out looking for readouts of w457d ov what happened over there. >> having been on both sides of this as a staffer, sometimes the fact that nobody came out and said anything -- >> you took the words right out of my mouth, and i was going to say you have experience in these things. the fact they haven't all rushed to the microphones and delivered withering scorn on each other. they've only been out for about 15 minutes, maybe we need to give a little more time. maybe that's a positive thing. what we do know, karen, heading into this is that the president was sticking by his original proposal more or less. he had gone back down from the $400
. a smart way to help manage hunger and diabetes. >>> as we speak, congressional leaders and president obama are meeting at the white house as they work on last-minute negotiations to try to avoid the fiscal cliff. our eamon javers also reported just moments ago that treasury secretary timothy geithner is at the meeting as well. we're going to monitor that situation for you, and, of course, bring you all the latest developments on that. in the meantime, oil is up for the week, but ending on a down note today. cnbc's bertha coombs is at the center of all the action at the nymex. >> reporter: we're seeing oil back fractionally positive at this hour with thoseeadl crossing, but overall it was a somewhat down day after we got a disappointing report from the eia inventories delayed because of the christmas holiday. it was a smaller than expected drawdown in crude stocks, and also notable. we saw a $2 million barrel build when it came to crude stocks at the nymex hub in oklahoma. now at a record 49 million barrels to end the year. ironically we do have wti nymex up for the week, and it's actually
to avoid having the economy go over the fiscal cliff nears. as president obama is on his way back to washington, some lawmakers are also expected to get back to the nation's capital. >> with just five days left to reach an agreement, doubts are growing the white house and republicans can cut a deal in time. after spending part of his christmas holiday visiting troops in hawaii, president obama to resume but the talks. congressional aides said the holiday did not bring much progress and form on the initiations have yet to be scheduled. the senate is to attend the session thursday. when the house will reconvene is still uncertain. >> we were talking about the debt ceiling and it came down the 12 hour, the final few minutes before the deadline to get a full-fledged a grim past. >> some economists fear the combination of budget cuts and higher taxes could trigger another recession, as consumers cut back on spending. others said the deadline is not as firm. congress could pass a temporary measure early in the new year doubled will back any changes. political analysts warn some conseque
to joke that president obama got to the white house faster than i did because it was really a hobby that just kind of took on a life of its own, and i have children. so i wanted them to see me pursuing a goal and not getting discouraged. in 2008 it worked out. >> i always say that no is the first answer on the way to yes. >> right. exactly. >> so this experience, which we'll talk a little bit more about in 2008, inspired you to write the book. i want to look at the images first. i think as the public, the image we're used to seeing is that white house christmas tree arriving at the white house, right? >> exactly. >> this is this year's christmas tree. a lot of -- when that tree arrives, though, that's really when the work begins. tell us about it. what goes into decorating the white house for the holidays? is it >> it's an enormous undertaking, and i like to say the first lady is the commander in chief of christmas. it's her vision. we execute it. but it's done with almost military precision. they start thinking about these themes in february and march of the year before, and then a
for failing to respond to community risks for the attack. they fault the pentagon and the white house. it criticizes the obama administration for being inconsistent on what led to the attack blaming the video not terrorists. joe lieberman the chairman of the committee says the facts so quote a shocking ir responsibility to protect american diplomatic personnel in benghazi. >>> an american family is pleading for help in finding their sick pregnant daughter and their husband missing in afghanistan. katelyn coleman is due in january. she has a liver condition that requires medical care. they last heard from the compup in october wefrom an internet ce in an unsafe area. it is not clear why they are in afghanistan. the family thinks they were trying to help people through an aid group. >> bad break mace be to blame for a deadly crash in moscow. >> looks like the pilot tried to use all of the brake systems on the plane but for some reason it didn't stop. it ended up crashing on the highway and bursting into flames. the death toll climbed to 5 after a crew member died from their injuries. 3
haul up his white flag of surrender and roll over every time barack obama wants something. we have a huge problem. it's not our taxes. we're spending way too much money. as your previous guest was just talking about, we're hitting the debt ceiling, 16 trillion, they want to increase it to 18 trillion. by 2022, it will be 25 trillion the at some point this all comes crashing down. >> we already had the debt ceiling issue during the summer of 2011 being taken to the brink of having our credit ratings. based on the fact that neither side could politically come together. that was all in an effort to try to discredit the president so that they could get him out come november of 2012. now, that doesn't happen. the president has a wide mandate to be back in the hoff. why does the tea party not get that? >> you know obama ran on the fact that he would raise taxes. >>> more democrats were votes in. tea party members lost seats in this election. >> liberals lost seats, too. that's what happens every election. if there had been a great groundswell of effort that we have to raise taxes, we hav
and as one of the daily run down friends puts it, president obama's comment is getting bourqued. first the white house soup of the day for all you folks in hawaii, it's coconut shrimp. it won't taste too good with all the snow i have going on behind me. check out our website. run down.msnbc.com. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. >>> daily flash back was winston churchill. the first to address congress. less than three weeks after the pearl harbor attack. he was coordinating military strategy with president roosevelt to a packed senate chamber. he predictioned there were many disappointments
are your morning headlines. president obama will meet with top congressional leaders at the white house this afternoon. 3:00 p.m. eastern in hopes of making progress on the fiscal cliff talks. in addition the house will be back in session on sunday. we've got more on all of this in a moment. while lawmakers have been preoccupied with the fiscal cliff, they've not dealt with passing a new farm bill. "the washington post" now reporting that unless one is passed by january 1st, the formula for establishing minimum milk prices would revert to the one that was in place back in 1949. the paper says that could boost milk prices more than $3 a gallon. we're going to get another read on the housing market recovery this morning. the national association of realtors is out with its pending home sales report for november. that's coming at 10:00 a.m. eastern time. looking for an increase of 1.5%. that follows a 5.2% rise in october. pending home sales, of course, a measure of home sales on home sale contracts signed but not yet out. >> a big deal. the milk. >> the milk thing could be huge. you think
something and move the ball than doing nothing. and, yes, president obama won the white house, but the american people also elected a majority of republicans back to the house. so what we have is a divided government where one of our chambers is in republican hands, the white house and the senate is in democrat hands. that means that the message the people were sending is that they want compromise. if president obama wants to build a legacy, get things done, complicated things like immigration, not just fiscal cliff, but all things on his to-do list, it requires compromise. and if the republicans don't want to be scenes as obstructioni obstructionists, they also immediate to compromise. we have to come to the realize that the election ises past. let's put politics aside and let's he get things done. >> ana navarro, maria dough in a, thanks so much. >>> david gregory under investigation. did he violate d.c.'s gun laws on the air? jeffrey toobin joins me straight ahead. >>> an unusual police investigation here in the nation's capital. it started with this interview with a top nr
. and with your stories and your struggles, i return to the white house more determined and more inspired than ever about the work there is to do and the future that lies ahead. >> that's president obama delivering his victory speech on election night. in the end the race wasn't even close. maybe mitt romney didn't even have a chance. his fellow gop contenders feasted on one of their own during the primaries. is it the american way that if somebody gives you a smack on the nose, you eventually have to smack them back? isn't it time now for you to accept that this negativity has pounded you into a position where much as you would like to keep it positive, isn't it time you got the old gingrich fist out and give romney a good ol' smack? >> harry truman in his great reelection campaign that gallup quit taking polls in mid september went after duey and the crowd would yell out "give 'em hell, harry" and he would yell back, "no, i just give them the truth and it hurts like hell." i think governor romney has done so many things that are indefensible in a republican primary -- it would be okay in a d
requests for additional funding or security in benghazi. >> the senate report does faulted the white house, including president obama for inconsistent statements about whether the benghazi assault was a terrorist attack. given the intelligence suggested within hours that an al qaeda affiliate was responsible. as evidence, the report sites mr. obama's interview with 60 minutes on the day after september 12th where he says it's too early to know what happened and who is responsible. the committee's ranking member says these statements are part of a broader troubling pattern. the administration repeatedly has refused to name the threat that we face snearlings joe lieberman and siewngeg collins write that senate investigators are also being denied a detailed time line on the cia talking points. specifically how the talking points were massaged with terms like al qaeda dropped. the report says the administration has, quote: spent weeks debating internally whether or not it should turn over information considered deliberative to the congress the report also concluded that the military report for
to see you, thank you. >> thank you very much. >> president obama, congressional leaders meeting at the white house to avoid the fiscal cliff. we'll bring you the latest developments on that any minute now. >> also, we'll check up on health care, one of the year's best performing sectors. we'll find out if it's going to run out of steam in the new year and name some names for you coming up. >> and later on, big sky, big jump in estate taxes if congress fails to reach a deal on the cliff. we'll talk to a montana rancher who is pretty upset. coming up, montana's governor brian schweitzer is going to weigh in. >> looks like the meeting may have broken up. there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get
will have everybody yunited against the white house and congress but i believe that obama still has an upper hand here because he has shown in a sense -- i mean, one, he's more ability to help forge a deal. the republicans can't make up for the loss they have had in public perception over this tax and spending issue. it's too hard, too far to go. too much resistance from within their own ranks. >> talking about plan "b" and being the epic failure of not being sent to the floor for votes, does that take in to question whether or not john boehner could get anything done if over in the senate mitch mcconnell and harry reid craft something? >> no. it does raise the question. that was a blunder by republicans and boehner and obama were moving closer and boehner went and gambled and lost and now the pressure's on the senate. i think anyone that could pass the senate probably could pass the house because if it passes the senate, it's 10 to 20 republican senators. mitch mcconnell, up for re-election. will he craft a deal with harry reid? that's dicey. whatever bill is passed, may not be that popular
are waiting to hear if there's a deal in washington. tonight president obama addressed the country in talkses to. there's still no answer, but tonight the president says work is being done. >> congressional leaders left the white house today without a deal to avoid the fiscal cliff. but the leaders and the president are still trying. >> i'm modestly optimistic that an agreement can be achieved. let's make sure that middle class families and the american economy and in fact the world economy isn't adversely impacted because people can't do their jobs. >> reporter: harry reid and mitch mccono agreed to spend the weekend working on a fall back plan that can pass both chambers of congress. >> some people will not like it, but that's where we are. >> reporter: president obama is pushing for a stop gap measure that would at least avoid tax increases on people earning less than $250,000. frustration is growing. a simple stop gap percent is not what men -- measure is not what many in washington hoped for. many blame president obama for the collapse of a bigger deal that would reduce spending and cut
in time. nbc's white house correspondent kristen welker is in hawaii where the first family is spending the holidays. kristen, good morning. >> reporter: natalie, good morning to you. president obama begins day three of his hawaiian holiday. white house officials say this is a working vacation, but talks on the fiscal cliff remain largely deadlocked. meanwhile, members of congress came to honolulu on sunday to along with the president say good-bye to one of their own. with the fiscal cliff deadline looming, lawmakers and president obama attended a memorial service in honolulu on sunday for the late senator daniel inoyue. >> he was really a legislative hero who would never hesitated to collaborate with a republican colleague for the good of the country. >> reporter: there was little sign of collaboration on the morning talk shows. >> my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. >> the president has been a pathetic fiscal leader. >> both sides blaming each other for the impact. >> i think the president is eager to go over the cliff for pol
and tell us what happened on friday when president obama, vice president biden, senators reid and mcconnell and representatives boehner and pelosi were in the white house. clearly we all know what's going on. what happened? how did that play out? how did that discussion go? did president obama say either you come up with a deal or put my deal to a vote? because we're not going to come together ideologically at that meeting. >> no. and they're not unrealistic about that. the president lays out what he thinks he can get done, which is this 250 and, you know, whether there's wiggle room up to 400 and now that might not even happen, maybe, is what kevin is saying. and then unemployment benefits, an extension of that, and, you know, patch the amt. these are things he wants. and, you know, senator mcconnell, what can you do is, you know, the understanding of how this plays out. and senator mcconnell -- you know, they say, listen, we're going to take it up between us. let senators reid and mcconnell really resolve this together. and those are, as i said, two men who know how to work things
party. so what is the next move? there is late news tonight that president obama will convene a meeting of congressional leaders at the white house tomorrow afternoon to discuss the current impasse. and to give you a spirit of the compromise and sense of goodwill toward men in which republican house speaker john boehner is approaching this meeting here is a statement we were e-mailed by brendan bock. "tomorrow speaker boehner will attend a meeting where he will continue to stress that the house has already passed legislation to avert the entire fiscal cliff and now the senate must act." so that's helpful. senator schatz, i know you probably just checked into the marriott capitol hill or something, but i don't know, you got any ideas? joining us is someone who i hope will have ideas. democratic senator debbie stabenow. senator stabenow, thank you for being with us tonight. >> absolutely, ezra. and i wanted to thank you for what is a very good summary of where we are. and it is the most frustrating thing i've ever gone through in my entire life, i think. >> i appreciate that. and covering
christmas" to the patients at the medical center in washington. a creature was stirring, namely the obama family dog bo. the dog jumped on a lap and made himself right at home. the white house says visiting patients at the children's hospital, it is the first lady's holiday tradition dating back to the 1950s. >> it does not matter the size, all dogs think they are lap dogs. >> all dogs are lap dogs. >>> a puppy named john almost never got to be home with his family. >> thanks to the power of social media, he got there just in time for christmas. the adoption papers at the oregon humane society were signed and the belzer family, they were ready to take their puppy home. when the staff went to go get him, he was gone. he'd been stolen. the humane society put out a plea for help. >> folks in oregon care deeply about pets, and the social media pressure was outstanding. so i think when they realized they had a hot puppy so to speak, they were eager to return him to the shelter. >> we brought him in and our eyes just lit up and we were just really happy. >> the belzer family says john is their
type of grade would you give the obama administration as transparency. >> he is supposed to publish two unified agendas. the white house has not published any and given no reason why they haven't published any. we're still clueless why they're not obeying the regulatory flexibility act. gerri: no clue but i guess transparency is in the eye of the beholder. sam, thanks for your time. >> thank you for having me. >> thank you for having me. gerri: we'll be right back.so as customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it p
the demand, president obama is stepping up his campaign for new gun regulation and making it a top priority in 2013. brianna keilar is at the white house. what do you think new gun control regulation is going to be an uphill battle for the president? >> reporter: that's the thought. president obama addressed this. he admitted this is something that's difficult and has been historically to get through congress because there are a number of democrats as well as republicans who support gun rights. but he said for him at least he felt like what happened in newtown was different in that it changes things. he also said the day of the shooting in connecticut that it was the worst day of his presidency. he said that something fundamental has to change in america. here's what else he said on "meet the press." >> i'm going to be putting forward a package and i'm going to be making an argument to the american people about why this is important and why we have to do everything we can to make sure that something like what happened at sandy hook elementary does not happen again. ultimately, the way this
, will there be a plan c or f for failing? peter: president obama expecting to arrive in d.c. tomorrow. white house says they will let us know if there is any update in the talks for congressional leadership. the leader's office is me no news to report. as of now, we are still headed for the cliff. on january 1, the nation faces a $5 trillion tax increase over ten years to the expiration of the bush tax cuts. the lapse of the bush tax cut would mean the top would go to 39.6. tax rates would also go all for lower income earners. the maximum lowest rate going back to 15%. four investors, capital gains rates would revert to 20%. dagen: i will not utter that word. thank you for that. growing pessimism when it comes to the club. some americans say we will get a deal. let's bring in ted kaufman. he is joining us from wilmington tell me what happens if we go over the cliff? >> i have been saying for a while we will go over the cliff. republican members in the house have made it pretty clear they will not vote for tax increases. this has been around for 30 years. the simplest answer to this is what i predicted
and faults the white house including president obama for his inconsistent statements about whether benghazi was a terrorist attack given the intelligence suggested within hours that an al-qaida affiliate was involved on september 11th. it sites mr. obama a's interview with 60 minutes on september 12th as evidence of inconsistent statements. he states it's too early to know exactly how this came about, what group was involved. obviously it was an attack on americans and we will be working with the libyan government to make sure we bring these folks to justice one way or the other. the president said in an interview over the weekend that there were quote, huge problems and sloppiness connected to benghazi and this his administration is accepting the 29 recommendations of the state department review, jon. jon: what are we learning about the warnings that were given here? >> reporter: this is probably the critical piece. the report found more than a dozen security-related incidents leading up to the attack with a senior state department official telling senate investigators that in the summer o
the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. publicly, the president has been scarce, no sign of him. behind closed doors, i'm told a few meetings internally, but mostly, relatively quiet. i expect we will see more from the president, perhaps we could even see him publicly tomorrow. perhaps he could even meet with or talk to some of the congressional leaders. the president's role in all of this, he can get each of the leaders to come closer on what the white house believes is already, pretty clearly, the framework for a final deal, and he can also
. it forces members of congress and president obama to spend the last few days of 2012 on the job. we want to bring in cnn chief white house correspondent, jessica yelen, we all know they would rather celebrate new year's eve elsewhere. how did they get here? >> reporter: it is such a good question, you know, candy, this grid lock in washington creates the eye-rolling. but the fundamental question goes to the essential differences between the two parties about the role of government, should it be bigger or smaller? about whether we want lower taxes or more of a social safety net. so while we have seen the principles, the president, speaker boehner, and now senator mcconnell and reid trying to get involved in stages in the last few weeks, it has always broken down because they fundamentally disagree about the big ideas over the core of this debate. they're fighting between the two parties. and this could get resolved in a matter of days or weeks. but the big difference, the issues could really take months to work out. >> can it be resolved in the matter of few enough days that they meet tha
the fiscal cliff. right now, the leaders of the house and senate are sitting down with president obama in a search for an 11th hour deal to prevent severe tax hikes and spending cuts from automatically kicking in with the new year. cnn's chief white house correspondent jessica yellin is getting new details. jess can ka, what are you hearing about that meeting? >> reporter: candy, the president is going to explain or reiterate the position he took on friday, that he would like a plan that extends tax rates for people who make $250,000 and below but raises them for those who make more than that. that it extends unemployment benefits for americans. and if the president, i'm told will say if he does not get an agreement to that plan, he will ask the other leaders what they can agree to, what what they would like instead. if they cannot come up with a proposal that will pass the house and the senate, will ask for a vote on his measure. but that meeting, candy, is still going on. congre congressional leaders arrived at the white house for a last-ditch meeting just days before a new year's de
governor kneel abercrombie appointed his lieutenant governor, brian schatz to fill the seat. a white house official says he's actually flying to d.c. with president obama. abercrombie wa widely expected to appoint a congresswoman to take over before he died. inouye named her as his preferred successor. >>> supreme court justice sonia sotomayor refusing to block the contraceptives mandate in president obama's health care law. let me explain this. two companies, hobby lobby arts and crafts stoerds and mardell christian bookstores argue that requiring their group's health care plans to cover contraception violates their religious beliefs. sotomayor who hears emergency appeals said the companies didn't qualify for an injunction while they challenged the requirement in court. she did not rule on the merits of the company's religious-based claims just yet. >>> we've told you about those long delays at the airports thanks to this monumental winter storm. well, in dallas get a load of this. cnn affiliate wfaa reports that one american airlines flight sat stranded at the gate for nearly five hours.
between the lawmakers and president obama to try to avoid going over the fiscal cliff that comes on new year's day. but after a meeting at the white house, the president said he is hopeful. >> i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> cnn's chief business correspondent ali velshi joins us from new york with some very good insight. senate majority leader harry reid has said if they don't reach something by monday he'll bring forward a bill to help out the middle class for an up-and-down vote. >> right. >> put everybody on the record, but especially republicans. isn't that the tactic? >> exactly right. the step before that is harry reid is working on some bill that might get bipartisan support in the senate. president obama in that meeting apparently told them try and work something out. and reid left and ma
. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls behind as he gets back to work to try to prevent tax increases and spending cuts due to begin next week. there's just one problem. it appears there would be no house republicans to help hammer out a deal. the gop leadership has not yet called their members back to d.c. and will not be in session tomorrow for legislative business. according to one gop aide, they felt it's up to the democrats to act now. so the christmas spirit has not softened actions. but what has softened? customer confidence. in the last week gallup found the drop in the likelihood congress will come to a deal. also holiday spending hit its lowest rate since the 2008 recession. while the president said before he left for hawaii that he said he hoped the holiday would give them a chance to cool off and reach an agreement, it appears repub
negotiations fall apart with president obama last week, so we're waiting for this proposal to see kind of what shape it takes. the white house wants those bush era tax cuts on the first quarter million dollars of earnings to be preserved, that's what the white house has been pushing. it's unclear if that is going to be the proposal that harry reid puts out, if maybe it will go higher in order to get some republican support. we don't know at this point and we understand talking to sources, to democratic sources, drew, that even though the senate is reconvening on thursday, it may be a couple more days before we see proposal as they try to not only get republican support but build pressure on the house. they will move the unveiling of their proposal as close to the new year as possible to essentially say here is our proposal, assuming they get it through the senate, here is our propos proposal, what we passed, you have to take it up or the fiscal cliff we're about to go over we're going to blame you for it, drew. >> brianna, do you know how closely senator reid and his staff are working with the
. >> he says nothing. >> surprised to see such a partisan -- >> the white house -- >> were you, really? >> to president obama. >> i thought he was just -- the way he was appreciating it, that was what it was. >> there's been -- >> how is it -- >> that's not the quote? >> that is the quote but the context of it might have been somewhat different than was portrayed. >> but you don't know that. >> whatever the case, i mean the guy won re-election. he won -- >> and he won the first time. >> elections have consequences. >> exactly. so why would he take the same tack that he took in the summer of 2011 -- >> maybe because we might have gotten a deal? >> we might have gotten a deal. but he was moving towards a deal and then boehner pulled out. why did boehner pull out? what's the other side -- >> the other side said that he -- >> which side -- >> not last -- i don't want to relitigate that but for whatever reason boehner pulled to plan "b," thought he could get it passed, didn't deliver on it. >> what do you think happened there? >> with the republican caucus? >> there was a postmortem in the
and the white house are in close consultation. he's been a tremendous ally of president obama's in the senate, for better or worse. each side has its own view of that. right now i think you're likely to see senator reed move a version of the bill that's acceptable to president obama or attempt to. it's not clear whether mitch mcconnell or other senators in the republican party will allow that to move forward. if something passes in the senate, i think it's likely that the house will follow suit. i think that takes the pressure off john boehner a little bit in terms of bringing something to the floor that his minions don't love. >> take care, drew. >>> two firefighters shot and wounded on christmas eve are improving and starting physical therapy. joseph hoffstetter and the other firefighter were shot after being called to a fire. we are starting to hear the 911 calls. >> multiple firemen down. multiple firemen shot. i am shot. i think it was an assault rifle. >> volunteers from other areas have stepped in to help the webster fire department. >> we're all family, yep, brothers and sisters. it w
. president obama arrived in the country just a few days later. the gop race for the white house took shape. mitt romney the party's presidential nominee. >>> change in egypt. muhammed morisy months of private sector the first three presidential election but later sparked enormous protests when gave himself proceed powers. as the summer heated up so did the supreme court. the justices ruled on the affordable care act. the 5-4 opinion a big win for the healthcare insurance plan. the court decided the individual mandate which requires nearly every american to have health insurance or pay a penalty falls under the government's taxation powers. massacre at the movies. james holmes opened fire at a midnight screening of the batman film "the dark knight rises." 12 people killed and 58 others hurt. >>> athletes from all around the gold gathered for the 2012 summer olympic games in london. >>> in august, a somber milestone for u.s. forces as the mel terr military deaths in afghanistan reached 2,000. >> a gunman opened fire in a sikh temple, killing six people and wounding four others before he kell
power that can prevent a strike or end one. president bush did that. there are calls for president obama to do something similar to try to prevent this strike, but no word from the white house on whether he's going to do that. candy? >> brian, you talked about the impact on goods like clothes and shoes, electronics. what about cars? i know the port behind you is a major entry port for automobiles being shipped to the u.s. >> reporter: absolutely it is. number one transit point for automobiles, at least in this entire region, candy. but what we're told is that this strike, for the moment, is expected to affect only containers. so automobiles and other types of cargo coming in, not in containers, would not necessarily be affected by this, unless, we are told, there is a lockout. if there is a lockout, this strike could really broaden and affect automobiles and other cargo. you're talking about a real devastation at that point to the u.s. economy. >> brian todd, watching what may be another blow to the economy coming this weekend. thanks so much, brian. >>> hundreds of additional flights we
that president obama will likely return to washington, d.c. at this point it seems more a matter of when and not really matter of if. and then right now the plan that the white house is trying to push forward is to deal with the tax hikes for those earning $250,000 or less. it appears those spending cuts that are the other part of the fiscal cliff will likely set in. and then what happens there will maybe be something that democrats and republicans try to deal with in the coming weeks, in the coming months. that means even come say the end of the year here or if we go over the cliff and there's some quick resolution, it's not for everything and we'll be dealing with a lot of these problems for some time, carol. >> what's the president doing in hawaii? >> reporter: the president has been getting in some r and r. he arrived saturday morning. he played golf with some of his buddies. he wept outer with his wife. yesterday he attended the ceremony for senator daniel inn way. and then he went for a hike in the afternoon with his daughters. this may be his one chance for a vacation and you may
a lot of convincing by the white house, there were conference calls today to sway groups and defend the deal that obama was cutting. i think that's why you saw obama make that statement. >> he was speaking to democrats. >> he was speaking to the base saying i am on the precipice of getting republicans to vote for a tax increase. they never, ever do that. give me some credit here. now, he did move his red line on the threshold for upper income tax hikes. he moved it from $250,000 to $400,000. the revenue is important. whether you get that from income tax rates or other taxes, it doesn't matter. the key is the overall revenue. and this whole battle here is about a revenue piece. >> you reduce the revenue from about $800 billion over ten years to what? $500 billion or something like that? >> that's right. or what they've done on limiting the deductions. that's another part of this that's going to raise more money. it's not going to make up for all that's lost on the changing the threshold, but there are other pieces on this. >> we're going to ask you to stick around. thank you very muc
out in the world though it is hard to find in washington these days. president obama spending holidays in beautiful hawaii where reports now surfaced where he is looking to strike a smaller fiscal deal that would extend tax cuts for the middle class but not tackling any spending cuts. chief white house correspondent ed henry is live in honolulu with more. ed, for the first time, people like joe lieberman are saying i really think we'll go over the cliff. what do you hear? >> reporter: it's a real possibility, you're right. we're a week out. people on both sides have been talking this thing to death. it might need a christmas miracle at this point to avoid going off the cliff. the president scaled back plan basically would extend unemmoment benefits for two million people who will lose them a week after christmas if there is no deal. he also wants to extend tax cuts for 98% of americans. you heard him talk about that again and again. that level of $250,000 or less. the republicans have not afreed to that on the hill obviously. when you talk to folks like senator lindsey graham, they say
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